Nansin Co (TSE:7399) Days Payable: 36.37 (As of Mar. 2026) — 37% Below Median


TSE:7399 Nansin Co Ltd TSE:7399
69 GF Score
Price 円598.00
GF Value 円572.16
Valuation Fairly Valued
! 7 Warning Signs
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What is Nansin Co Days Payable?

Nansin Co TSE:7399 +0.67% 69 Days Payable is 36.37 as of Mar. 2026, which is 37% below its 10-year median of 57.44. GuruFocus rates TSE:7399 with a GF Score™ of 69/100 and a GF Value™ of 円572.16 (Fairly Valued). The stock has 7 warning signs investors should review. Among 2,986 Industrial Products companies, Nansin Co ranks worse than 78.2% on this metric.

Nansin Co's average Accounts Payable for the six months ended in Mar. 2026 was 円753 Mil. Nansin Co's Cost of Goods Sold for the six months ended in Mar. 2026 was 円3,777 Mil. Hence, Nansin Co's Days Payable for the six months ended in Mar. 2026 was 36.37.

The historical rank and industry rank for Nansin Co's Days Payable or its related term are showing as below:

TSE:7399' s Days Payable Range Over the Past 10 Years
Min: 39.03   Med: 57.44   Max: 66.06
Current: 40.03

During the past 13 years, Nansin Co's highest Days Payable was 66.06. The lowest was 39.03. And the median was 57.44.

TSE:7399's Days Payable is ranked worse than
78.2% of 2986 companies
in the Industrial Products industry
Industry Median: 78.065 vs TSE:7399: 40.03

Nansin Co's Days Payable declined from Mar. 2025 (48.75) to Mar. 2026 (36.37). It may suggest that Nansin Co accelerated paying its suppliers.


Nansin Co Days Payable Historical Data

* Premium members only.

The historical data trend for Nansin Co's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Nansin Co Days Payable Chart

Nansin Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 56.43 59.00 61.50 45.64 39.03

Nansin Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 44.62 50.79 48.75 44.91 36.37

TSE:7399 vs SNA, RBC, LECO: Days Payable Comparison

For the Tools & Accessories subindustry, Nansin Co's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Nansin Co Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nansin Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Nansin Co's Days Payable falls into.


TSE:7399
69GF Score
Nansin Co Ltd TSE:7399
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Nansin Co Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Nansin Co's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (917.35 + 657.415) / 2 ) / 7363.942*365
=787.3825 / 7363.942*365
=39.03

Nansin Co's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (847.895 + 657.415) / 2 ) / 3777.143*365 / 2
=752.655 / 3777.143*365 / 2
=36.37

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 36.37 mean?
Nansin Co (TSE:7399) has a Days Payable of 36.37 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Nansin Co and its competitors. This is 37% below median its historical median of 57.44. Over the past decade, Nansin Co's Days Payable has ranged from 39.03 to 66.06. According to the industry distribution chart, Nansin Co ranks #2335 out of 2986 companies in the Industrial Products industry, placing it in the top 78.2%.
Is Nansin Co's Days Payable too high?
Nansin Co's current Days Payable of 36.37 is 37% below median its 10-year median of 57.44. Over the past 10 years, this metric has ranged from a low of 39.03 to a high of 66.06. The Industrial Products industry median Days Payable is 78.07. Nansin Co's value of 36.37 is 53.4% below this industry median. Based on the distribution chart, Nansin Co ranks #2335 out of 2986 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Nansin Co has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nansin Co's Days Payable compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Nansin Co ranks #2335 out of 2986 companies for Days Payable. This places Nansin Co in the lower half of its industry. The industry median Days Payable is 78.07. Nansin Co's value of 36.37 is 53.4% below this benchmark. Historically, Nansin Co's own Days Payable has ranged from 39.03 to 66.06 over the past decade. While the company's 10-year median is 57.44 vs. the industry median of 78.07, Nansin Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.07, based on 2,986 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nansin Co's current Days Payable of 36.37 is 53.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Nansin Co and its competitors. For the Industrial Products industry, the median Days Payable is 78.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nansin Co's current Days Payable is 36.37, which is 37% below median its own 10-year median of 57.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nansin Co stock overvalued right now?
Based on GuruFocus' analysis, Nansin Co (TSE:7399) is currently considered Fairly Valued. The stock's GF Value™ is 円572.16, compared to a current price of 円598.00 — trading 4.5% above its estimated fair value. The current Days Payable is 36.37, which is 37% below median its 10-year median of 57.44 and 53.4% below the Industrial Products industry median of 78.07. Nansin Co's overall GF Score™ is 69/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Nansin Co (TSE:7399), the current Days Payable is 36.37 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Nansin Co (TSE:7399) Overvalued in 2026?

Based on GuruFocus' analysis, Nansin Co stock appears to be overvalued. The current stock price of 円598.00 is trading 4.5% above its estimated GF Value™ of 円572.16. GuruFocus considers Nansin Co to be Fairly Valued.

Key valuation signals for TSE:7399:

  • Days Payable: 36.37 (37% below median its 10-year median of 57.44)
  • GF Value™: 円572.16 vs. price of 円598.00 (4.5% above fair value)
  • GF Score™: 69/100 with 7 warning signs
  • Industry Position: 53.4% below the Industrial Products median (#2335 of 2986)

No single metric tells the full story. See the TSE:7399 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nansin Co Business Description

Address 1-17-4, Nihombashi Ningyo-cho, JPR Ningyocho Building, Chuo-ku, Tokyo, JPN, 103-0013
Nansin Co Ltd is a Japan based company engaged in the business of manufacturing and selling casters and related products. The product portfolio of the company includes casters, material handling equipment, rubber and plastic products, die-casting products, and molded products. It offers caster products covering different types such as general caster, industrial caster, medical caster, heavy duty caster, stem caster and towing caster, among others.
69GF Score

Get the complete analysis for TSE:7399

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円598.00
Price
円572.16
GF Value